Finding someone to buy your silver items can take some time, so you need to make sure that you look around and find the best silver dealers Corvallis has to offer. This way, you can make sure that you get the best price possible for all of your valuables.

A good buyer will carefully assess all of your things to give you an accurate understanding of how much they are worth. You can then use this information to decide what to do. Selling your silver can earn you quite a bit from the right dealer.

Corvallis Stamps & Coins

33894 SE Eastgate Cir, Corvallis, OR 97333

(541) 754-8455

MJPM Inc.

425 SW 3rd St, Corvallis, OR 97333

(866) 974-9223

Jefferson Mint Gold Silver & Mining Supplies

33894 SE Eastgate Cir, Corvallis, OR 97333

(541) 754-8455

Richard M Gretz Goldsmiths

308 SW Madison Ave, Corvallis, OR 97333

(541) 754-4265

Sterling 925

311 SW Madison Ave, Corvallis, OR 97333

(541) 754-4230

Olufson Designs

215 SW 2nd St, Corvallis, OR 97333

(541) 738-6005

Coleman Jewelers

255 SW Madison Ave, Corvallis, OR 97333

(541) 753-3721

Jordan Jewelers

202 SW 1st St, Corvallis, OR 97333

(541) 926-1907

Toby Pomeroy

33827 SE Eastgate Cir, Corvallis, OR 97333

(541) 753-9603

Corvallis Stamps & Coins

456 SW Monroe Ave # 100, Corvallis, OR 97333

(541) 754-8455

Avon Independent Sale Representative

785 nw 5th street, corvallis, OR 97330

(503) 207-8000

Sid Stevens Jewelers

140 SW 1st St, Corvallis, OR 97333

(541) 967-8140

MJPM Inc.

425 SW 3rd St, Corvallis, OR 97333

(866) 974-9223

Tipsico Coin

873 NW Grant Ave, Corvallis, OR 97330

(541) 758-2651

Tactics That Successful Silver Dealers Use

Silver is a commodity. That means that any single ounce of silver is worth the same as any other ounce of silver at the same purity level. It's been used as money in a variety of cultures and silver dealers use tactics to buy and sell silver and make a profit. Here is how they do it.

Wholesale Markup

Silver dealers are in business to make money and they often do it by buying silver coins or bullion at wholesale prices. Perhaps they were able to buy a silver coin for the rock bottom price of $15. When these coins become scarce in the market, the dealer may choose to offer them to a collector. Collectors pay a higher price and remove the coins from circulation. The dealer makes a profit on the markup over the wholesale price that he paid.

Replacement Cost Price

A dealer should never sell anything for less than the cost of what it would take to replace it. That's the philosophy of most successful dealers in metals. They take the long view and buy silver when it reaches a low. Let's use the same number we used above. Say they bought an ounce for $15.

That's a good buy because the price of silver typically goes for more than that. To gain a profit, the dealer will have to hold onto the bullion until the price rises. At that point, he must sell it at a price no lower than what it would cost him to replace it. If silver has risen to $30 an ounce, he's made a tidy profit when he sells.

The first tactic requires finding the right kind of buyer in order to make a profit. The second one requires patience while waiting for the market to change. Both can be very lucrative.